Ashley Gold Corp C.ASHL

Alternate Symbol(s): AGDCF

Ashley Gold Corp. is an early-stage natural resource company engaged primarily in the acquisition, exploration and development of mineral projects. The Company has a growing portfolio of gold projects as well as moving the Sahara Uranium-Vanadium project towards near-term production. The Company has acquired, 100% of the Tabor Lake Lease subject to a 1.5% royalty, 100% of the Santa Maria Project subject to a 1.75% royalty, 100% interest in the Howie Lake Project subject to a 0.5% royalty, 100% interest in the Alto-Gardnar Project subject to a 0.5% royalty, 100% interest in the Burnthut Property subject to a 1.5% Net Smelter Royalty (NSR), and an option to earn 100% of the Sakoose claims subject to a 1.5% NSR. In addition, it also has an option agreement to earn 100% of the Sahara Uranium-Vanadium property in Emery County, Utah subject to a 2% NSR. The land position of the Tabor Lake Property is about 257 hectares (ha). The Santa Maria Project is located southeast of Dryden, Ontario.

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Ashley Gold Corp

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Post by Betteryear2on May 02, 2023 9:05pm

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Post# 35426481

Ashley Gold Provides Update on the Planned Tabor Drilling

Three-year drilling permit application will allow for multiple potential drill programs
Spring/Summer 2023 program to confirm mineralization and provide modern data sets for structural analysis and understanding of mineralization distribution

Calgary, AB - TheNewswire - May 2, 2023 - Ashley Gold Corp. (CSE:ASHL) (“Ashley” or the “Company”) has advanced planning and permitting of the Tabor Lease drill program. Proposed locations will test mineralization intersected by historical drilling and underground work. Conceptual targets to be tested are as follows:

Above the 125ft level to test main mineralized zone and previously identified “greenstone” facies;
Between the 125ft and 250ft historic shaft levels to test main mineralized zone and potential of high-grade intersection in the shaft; and
Below the 250ft level to test deeper mineralization intersected by historical DDH-8
Potential step-out targets to be confirmed with upcoming inversion of drone magnetics

Ashley Gold Provides Update on the Planned Tabor Drilling and Ashley Mine Property Update (thenewswire.com)